Daily Archives: April 4, 2018

Dispute between Agip, Allied Energy over OML 120 deepens

  The legal dispute between Nigerian Agip Exploration Limited (NAE) and Allied Energy/Camac over Oyo oilfield in Oil Mining Lease (OML) 120 deepened as Allied Energy has dragged the matter to the High Court of Lagos State after the Federal High Courts in Lagos and Port Harcourt had entertained the case, in addition to the […]

Without oil, what is Nigeria’s future?

  On numerous occasions, Nigeria’s depleting oil reserves have been extensively discussed as the unrelenting reduction without replacement has become worrisome.   Nigeria is blessed with abundant natural resources but the fact is the huge deposits of these resources do not corroborate with the level of development garnered since independence.   This shows that one […]